April Outlook: 15 Days in April

09 Apr April Outlook: 15 Days in April

Congress returns to Washington this week for a three-week work period before another recess scheduled for the first week of May. While many believe that the window for major legislation in 2018 is rapidly closing, at the least we still expect to see financial services regulatory reform eventually signed into law, but we do not expect to see official progress on that bill during this work period. However, these next three weeks do promise to have plenty of action on the hearing front with testimony expected from CFPB Acting Director Mick Mulvaney, Federal Reserve Vice Chairman for Supervision Governor Randal Quarles, and Facebook CEO Mark Zuckerberg, among others. Below is a brief preview of what we believe to be on tap this month, subject as always to external or unexpected events (such as an escalating trade war) that could disrupt the expected schedule.